Common use of Fee Mortgage Clause in Contracts

Fee Mortgage. Landlord shall have the right at any time during the Term to subject its interest in the Premises, the Building, the Complex and/or this Lease to any one or more mortgages on Landlord’s interest therein (“Fee Mortgage”) and to renew, modify, consolidate, replace, extend and/or refinance any such Fee Mortgage. Landlord shall be entitled to all of the proceeds from any such Fee Mortgage at any time effected pursuant hereto.

Appears in 2 contracts

Samples: Agreement of Lease (Pdi Inc), Agreement of Lease (FlexShopper, Inc.)

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Fee Mortgage. Subject to the terms and conditions herein, Landlord shall have the right at any time during the Lease Term or any Renewal Term to subject its interest in the Premises, the Building, the Complex Demised Premises and/or this Lease to any one or more mortgages on Landlord’s 's interest therein ("Fee Mortgage") and to renew, modify, consolidate, replace, extend and/or refinance any such Fee Mortgage. Landlord shall be entitled to all of the proceeds from any such Fee Mortgage at any time effected pursuant hereto.

Appears in 1 contract

Samples: Agreement of Lease (Osteotech Inc)

Fee Mortgage. Landlord shall have the right at any time during the Term to subject its interest in the Premises, the Building, the Complex and/or this Lease to any one or more mortgages on Landlord’s 's interest therein (“Fee Mortgage”) and to renew, modify, consolidate, replace, extend and/or refinance any such Fee Mortgage. Landlord shall be entitled to all of the proceeds from any such Fee Mortgage at any time effected pursuant hereto.

Appears in 1 contract

Samples: Agreement of Lease (AxoGen, Inc.)

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Fee Mortgage. Landlord shall have the right at any time during the Lease Term to subject its interest in the Demised Premises, the Building, the Complex Project and/or this Lease to any one or more mortgages on Landlord’s 's interest therein ("Fee Mortgage") and to renew, modify, consolidate, replace, extend and/or refinance any such Fee Mortgage. Landlord shall be entitled to all of the proceeds from any such Fee Mortgage at any time effected pursuant hereto.

Appears in 1 contract

Samples: Agreement of Lease (Velocity Asset Management Inc)

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